5. Categorizing the expenditure and resource cost-income approaches

The following table shows macroeconomic data for an imaginary economy. All figures are in billions of dollars.

For each account, identify which approach uses it to derive GDP by selecting either Expenditure or Resoruce Cost-Income in the Approach column.

	Billions of Dollars	Approach
Fixed Investment	$2,183	Expenditure
Interest income	$539
Government Consumption and Gross Investment	$2,568
Services	$5,504
Depreciation	$1,587
Durable goods	$1,090
Proprietor's income	$1,045
Employee compensation	$7,528
Rents	$107
Corporate profits	$1,646
Inventories	$70
Net income of foreigners	-$110
Nondurable goods	$2,735
Imports	$1,030
Indirect business taxes	$1,035
Exports	$257

Use the previous table to calculate personal consumption, gross private investment, and net exports and complete the following table.

Make sure to specify the sign for the Net Exports values.

	Billions of Dollars
Personal Consumption
Gross Private Investment
Net Exports

The economy's GDP is

.

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